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In-s [12.5K]
3 years ago
7

5. The value of a home increases by 7% each year. Explain why the value of the home doubles approximately once each decade.

Mathematics
1 answer:
MissTica3 years ago
8 0

Answer:

Step-by-step explanation:

2x=x(1.07)^t

2=(1.07)^t

t=log2/(log 1.07) ≈10.2 4 years

so it doubles in approximately in  10.2 years

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brainly.com/question/870035

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